In this article, we will break down the Wyckoff Cycle into its simplest form: trends and ranges within price action. By understanding these basics and mastering the methodology, you can improve your analysis to identify the path of least resistance for price, and in turn improve your trading and profitability.

The crucial inquiry should address not just the trading account but also the bank account: How much money is needed?

This question transcends the rudimentary aspects of starting trades. Answering it demands a personal reflection that surpasses the mere calculation of funds for a trading account.

New traders frequently struggle with the compulsion to be right. This need is often rooted in ego, and it can plague a developing trader and lengthen the learning curve substantially. The desire to be right is so potent that it drives them to engage in counterproductive trading behaviors as they strive to avoid admitting their mistakes.

If you have been trying to turn an income from trading a “smaller” account… But you just haven’t been able to crack the $10k/month mark, pay very close attention to what you are about to read.

This write-up could be the very thing you were seeking all this time and now you finally have your hands on it, so don’t waste the opportunity.

I can guarantee that if you focus and just follow what I will explain in this doc step-by-step, you’ll be able to replicate what I’m doing and you will make at least $10k/mo by yourself.

To become a successful trader, it's crucial to follow a systematic approach that incorporates various key elements into your trading strategy. This article will break down these essential components and guide you in creating a coherent and profitable trading system.

The fear of missing out (FOMO) is an emotion that often haunts traders, casting a shadow on their progress and overall equity curve. Unrestricted FOMO can cause traders to chase trades, oversize, and revenge trade - All of which do serious damage to trading portfolios. In this article, we present seven concise steps to help you seamlessly transition from the anxiety of FOMO to the joyful state of missing out (JOMO).

0DTE (Zero Days to Expiry) options have gained popularity as a high-risk, high-reward trading instrument in recent years, especially with the advent of daily expirations in SPX. These ultra-short-term options promise quick profits, but as we'll explore in this article, they come with significant dangers that can leave even seasoned day traders with a blown portfolio.

By understanding and applying these 15 trading principles, you can enhance your trading skills and increase your chances of becoming a profitable trader, regardless of what instrument you choose to trade.

Anna Coulling's Volume Price Analysis (VPA) is a powerful tool for traders, regardless of what timeframe you like to trade on. With almost a decade of trading experience, this continues to be the only book that I personally recommend to traders of all skill levels. VPA is rooted in solid technical analysis concepts that have been tried and true since the early days of Jesse Livermore. Here are five key lessons from Coulling’s approach that will help you become a better trader.

It appears that 28% of these financial influencers possess genuine skills, consistently generating impressive monthly abnormal returns averaging 2.6%. However, the majority, a staggering 72%, are either unskilled or worse, have negative skill, resulting in monthly abnormal returns as low as -2.3%. This significant skill divide is a crucial aspect that every trader and investor should be aware of.

Trading is a journey of mastery, viewed through the multifaceted prism of three overlapping lenses. These lenses are the Technical Lens, the Performance Lens, and the Self Lens. To achieve true mastery in trading, one must skillfully balance and synchronize these three lenses. Let's delve into each of them.

When it comes to trading breakouts, knowing when to seize the opportunity and when to exercise caution can be the difference between success and disappointment. In this article, we will explore the key scenarios that dictate when it's appropriate to trade breakouts and when it's wise to steer clear.

If you’re a trader of any experience level, having a game plan is your secret weapon. Whether you're a seasoned trader or just starting your journey, a well-defined trading session game plan is the key to success. This simple system is what I personally use on a daily basis, and what we talk about in real-time during our Premarket Prep Livestreams in the Trader’s Thinktank - It will keep you prepared for every trading day.

Intraday trading can be a rewarding venture in options and futures markets. For newcomers and developing day traders, mastering the right techniques is essential. This comprehensive guide will explore seven effective intraday trading techniques that can significantly enhance your day trading strategy.

Becoming a consistently profitable trader is a journey that requires continuous learning and adaptation. Whether you're just starting or have some experience, there are essential principles to consider that can significantly speed up your progress in the world of trading. In this article, we will explore these valuable insights to help you navigate the markets more effectively.

In trading, the battle isn't just against market forces but also against something less tangible yet equally formidable: cognitive load. It's a challenge that plagues newcomers, causing them to feel overwhelmed, disoriented, and often leading to a merry-go-round of trading strategies.

Chasing trades is a pitfall that many traders fall into, often with detrimental consequences for their portfolios. In this article, we will explore the three primary reasons traders chase trades - FOMO (Fear of Missing Out), the belief that any trade can turn into a winner, and the disregard for a well-thought-out trading plan. More importantly, we will provide actionable strategies to help traders break free from this destructive cycle.

A trader's ability to make informed decisions is profoundly influenced by their understanding of various mental models. These cognitive frameworks, rooted in psychology and probability, shape how traders perceive and respond to market dynamics. In this comprehensive guide, we delve into 15 crucial mental models that can empower traders to navigate the markets more effectively.

If you're stepping into the world of trading, one of the first questions you're likely to ponder is whether to focus on swing trading or dive headfirst into day trading. Both approaches have their merits, and the choice largely depends on your goals and your appetite for risk.